European markets closed higher on Wednesday, reacting to upbeat earnings reports from some top name European and U.S. companies.
Travel and leisure stocks rebounded after recent string of losses on worries about the spread of the COVID-19 delta variant. Investors looked ahead to the European Central Bank's policy meeting on Thursday for directional cues.
The ECB is expected to adjust its forward guidance, reflecting the new 2% inflation goal adopted by the central bank under the new strategy unveiled earlier this month.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.